2019 Q2 Form 10-Q Financial Statement

#000074683819000087 Filed on July 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $569.4M $667.4M
YoY Change -14.68% 0.18%
Cost Of Revenue $416.8M $514.5M
YoY Change -18.99% -6.03%
Gross Profit $152.6M $152.9M
YoY Change -0.2% 28.81%
Gross Profit Margin 26.8% 22.91%
Selling, General & Admin $92.40M $92.70M
YoY Change -0.32% -16.79%
% of Gross Profit 60.55% 60.63%
Research & Development $7.200M $6.200M
YoY Change 16.13% -42.59%
% of Gross Profit 4.72% 4.05%
Depreciation & Amortization $36.60M $40.10M
YoY Change -8.73% 2.3%
% of Gross Profit 23.98% 26.23%
Operating Expenses $99.60M $98.90M
YoY Change 0.71% -19.07%
Operating Profit $53.00M $54.00M
YoY Change -1.85% -1642.86%
Interest Expense $16.20M $15.70M
YoY Change 3.18% 9.79%
% of Operating Profit 30.57% 29.07%
Other Income/Expense, Net -$28.90M -$18.00M
YoY Change 60.56% -26.53%
Pretax Income $7.900M $20.30M
YoY Change -61.08% -147.99%
Income Tax $3.600M $14.30M
% Of Pretax Income 45.57% 70.44%
Net Earnings $26.20M $3.800M
YoY Change 589.47% -109.05%
Net Earnings / Revenue 4.6% 0.57%
Basic Earnings Per Share $0.51 $0.07
Diluted Earnings Per Share $0.50 $0.07
COMMON SHARES
Basic Shares Outstanding 51.78M shares 50.99M shares
Diluted Shares Outstanding 52.11M shares 51.40M shares

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $507.0M $584.0M
YoY Change -13.18% 2.28%
Cash & Equivalents $507.2M $584.3M
Short-Term Investments
Other Short-Term Assets $141.0M $118.0M
YoY Change 19.49% -12.59%
Inventory $28.00M $22.70M
Prepaid Expenses
Receivables $529.0M $522.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.206B $1.247B
YoY Change -3.3% -5.0%
LONG-TERM ASSETS
Property, Plant & Equipment $123.8M $115.7M
YoY Change 7.0% -23.58%
Goodwill $177.8M $178.7M
YoY Change -0.5% -0.72%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $210.8M $194.3M
YoY Change 8.49% 28.42%
Total Long-Term Assets $1.302B $1.124B
YoY Change 15.84% 11.69%
TOTAL ASSETS
Total Short-Term Assets $1.206B $1.247B
Total Long-Term Assets $1.302B $1.124B
Total Assets $2.508B $2.371B
YoY Change 5.77% 2.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $233.5M $219.9M
YoY Change 6.18% 10.5%
Accrued Expenses $342.0M $318.0M
YoY Change 7.55% -3.34%
Deferred Revenue $288.3M $284.6M
YoY Change 1.3%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $8.000M $10.00M
YoY Change -20.0% -9.09%
Total Short-Term Liabilities $871.7M $833.8M
YoY Change 4.55% -5.89%
LONG-TERM LIABILITIES
Long-Term Debt $669.0M $638.0M
YoY Change 4.86% 1.27%
Other Long-Term Liabilities $50.10M $79.00M
YoY Change -36.58% -8.78%
Total Long-Term Liabilities $50.10M $79.00M
YoY Change -36.58% -8.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $871.7M $833.8M
Total Long-Term Liabilities $50.10M $79.00M
Total Liabilities $921.8M $912.8M
YoY Change 0.99% -6.15%
SHAREHOLDERS EQUITY
Retained Earnings -$1.687B -$1.940B
YoY Change -13.04% -1.64%
Common Stock $4.547B $4.535B
YoY Change 0.27% 0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost) $109.5M $104.8M
YoY Change 4.48% 2.04%
Treasury Stock Shares 3.500M shares 3.100M shares
Shareholders Equity -$1.261B -$1.276B
YoY Change
Total Liabilities & Shareholders Equity $2.508B $2.371B
YoY Change 5.77% 2.24%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $26.20M $3.800M
YoY Change 589.47% -109.05%
Depreciation, Depletion And Amortization $36.60M $40.10M
YoY Change -8.73% 2.3%
Cash From Operating Activities $50.90M -$11.70M
YoY Change -535.04% -76.22%
INVESTING ACTIVITIES
Capital Expenditures -$39.70M -$44.90M
YoY Change -11.58% -3.23%
Acquisitions
YoY Change
Other Investing Activities -$9.500M -$600.0K
YoY Change 1483.33% -108.0%
Cash From Investing Activities -$49.20M -$45.50M
YoY Change 8.13% 16.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.500M -600.0K
YoY Change 150.0% -100.18%
NET CHANGE
Cash From Operating Activities 50.90M -11.70M
Cash From Investing Activities -49.20M -45.50M
Cash From Financing Activities -1.500M -600.0K
Net Change In Cash 200.0K -57.80M
YoY Change -100.35% -123.29%
FREE CASH FLOW
Cash From Operating Activities $50.90M -$11.70M
Capital Expenditures -$39.70M -$44.90M
Free Cash Flow $90.60M $33.20M
YoY Change 172.89% -1285.71%

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us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
10800000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
16900000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
21200000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-10100000 USD
CY2018Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
21868000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
21868000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
412000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
370000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
328000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
422000 shares
CY2018Q2 us-gaap Interest Expense
InterestExpense
15700000 USD
us-gaap Interest Expense
InterestExpense
32300000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
16200000 USD
us-gaap Interest Expense
InterestExpense
31700000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
6800000 USD
CY2018Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
9700000 USD
CY2019Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
5000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
us-gaap Interest Paid Net
InterestPaidNet
29800000 USD
us-gaap Interest Paid Net
InterestPaidNet
30200000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
14000000 USD
CY2019Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
13500000 USD
CY2018Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
13300000 USD
CY2019Q2 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
14400000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
21600000 USD
us-gaap Lease Cost
LeaseCost
40300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
180600000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
15900000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
11100000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
18400000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
30700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
67500000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
37000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
17700000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2457600000 USD
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2507800000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
923300000 USD
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
871700000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
642800000 USD
CY2019Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
668600000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
10000000 USD
CY2019Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
7500000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
652800000 USD
CY2019Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
676100000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
43900000 USD
CY2019Q2 us-gaap Minority Interest
MinorityInterest
47100000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3400000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13100000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-80400000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101100000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-61900000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19500000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
3800000 USD
us-gaap Net Income Loss
NetIncomeLoss
44400000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
26200000 USD
us-gaap Net Income Loss
NetIncomeLoss
6800000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
3800000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
54100000 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
31200000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
54000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
155800000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
87000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
129900000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
18400000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
33200000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
162900000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
66800000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
96100000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
31800000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
134500000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
180100000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
48500000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
2700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
14300000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
20800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
30000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
42100000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
24400000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
202600000 USD
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
210800000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
4200000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5100000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-23300000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-28400000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-34200000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-13800000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-48000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
16600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
50500000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
36600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
70900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
73900000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-39000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-39900000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-78900000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-68500000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-50400000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-118900000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-1900000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-2900000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1600000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
200000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-18000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-40600000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-28900000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-59300000 USD
us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
38500000 USD
us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
47100000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-4200000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-3100000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
350000000 USD
CY2019Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
342400000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
77400000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
50100000 USD
CY2018Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
20800000 USD
CY2019Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
39200000 USD
us-gaap Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
72900000 USD
us-gaap Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
47700000 USD
us-gaap Paid In Kind Interest
PaidInKindInterest
5200000 USD
us-gaap Paid In Kind Interest
PaidInKindInterest
5400000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
900000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
400000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
41100000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
37200000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
2034600000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1706900000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9900000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20800000 USD
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1956500000 USD
CY2019Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1888000000 USD
us-gaap Pension Contributions
PensionContributions
67700000 USD
CY2018 us-gaap Pension Contributions
PensionContributions
129700000 USD
us-gaap Pension Contributions
PensionContributions
45900000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
130200000 USD
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
141600000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
28100000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2100000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4500000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
2028800000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
1704100000 USD
CY2018Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19700000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
41700000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
6000000 USD
us-gaap Profit Loss
ProfitLoss
47700000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
-16800000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-69700000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1300000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10500000 USD
CY2018Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6200000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
14700000 USD
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7200000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16200000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
19100000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
10300000 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
29800000 USD
us-gaap Profit Loss
ProfitLoss
13000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
800200000 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
814200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
121300000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
123800000 USD
CY2018Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-38600000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-77300000 USD
CY2019Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-34800000 USD
CY2019Q2 us-gaap Restructuring Charges
RestructuringCharges
2600000 USD
us-gaap Restructuring Charges
RestructuringCharges
5200000 USD
CY2018Q2 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
700000 USD
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-2200000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1694000000 USD
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1687200000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1000000000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P6M
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.24
CY2018Q2 us-gaap Revenues
Revenues
667400000 USD
us-gaap Revenues
Revenues
1375800000 USD
CY2019Q2 us-gaap Revenues
Revenues
753800000 USD
us-gaap Revenues
Revenues
1449600000 USD
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
400000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
400000 USD
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
36200000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
42900000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
90000000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFiveYears
12300000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
12300000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear
16800000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter
17500000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
12900000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
18200000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
92700000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
183600000 USD
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
99700000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
197700000 USD
CY2019Q2 us-gaap Severance Costs1
SeveranceCosts1
1800000 USD
us-gaap Severance Costs1
SeveranceCosts1
900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7300000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7300000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.84
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.58
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0226
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0249
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.5297
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.4791
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5400000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
548273 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.53
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y10M17D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y10M13D
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
100000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
200000 USD
CY2018Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1500000 USD
CY2018Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
4100000 USD
CY2019Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
-400000 USD
CY2019Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
2400000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-1343500000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
-1260800000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1326500000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1270800000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1244100000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1299600000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1282500000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1213700000 USD
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
100000 USD
us-gaap Sublease Income
SubleaseIncome
600000 USD
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
3100000 shares
CY2019Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
3500000 shares
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
105000000 USD
CY2019Q2 us-gaap Treasury Stock Value
TreasuryStockValue
109500000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
6700000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
2800000 USD
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51398000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73105000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73978000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52022000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50986000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50867000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51782000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51600000 shares

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